Paul Erdman discusses his novel, “The Panic of ’89.” He begins by explaining that the book is a fictional account of what would happen if Mexico and Brazil stopped paying the United States and lowered oil prices. He talks about how he converges several storylines to describe what would happen in the last 60 days of the Ronald Reagan administration. He talks about his own time spent in a Swiss prison, and that they served him gourmet food. Erdman explains that he got many of the stories in his book from talking to real terrorists. He ends the interview by discussing the rate of the American dollar against countries like Mexico and Japan.
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